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Re: Xenn post# 21424

Thursday, 06/18/2009 10:09:03 PM

Thursday, June 18, 2009 10:09:03 PM

Post# of 67237
Wow thanks Xenn for that article. Thinking back on the convo that I had with the rep i guess I thought the rep sad manna when he really meant Makeshtim. I guess the rep knew what the heck he was talking about when he said 700-1 billion. The look on his face was priceless when I said 400 million. He gave "you have no idea" kind of look. I guess if I was gonna be wrong on something in regards to the sale then let it be that I was on the short side of the asset worth. Now that article was from January but keep in mind that the rep told me that he was told 6 weeks ago (at the time of the original email) that Chemtura was looking to sell the ag division. So it must be something that is still be talked about. Now whether it happens or not is one thing, but for the simple fact that it is still be discussed in May-June is encouraging. One thing I found interesting is that this rep was actually hoping for the ag division to sell. He made it sound like the people in his department were ready for a fresh start. He never said anything negative about the people that ran the ag division but you could tell that they just wanted to start over clean.
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